Alarming GDP data shows shrinking economy, could be precursor to recession

The latest gross domestic product data shows the U.S. economy is in reverse, slowing in the first quarter of 2025. CBS MoneyWatch correspondent Kelly O'Grady has more on the potential factors involved and how the next quarter's data could indicate symptoms of a recession.

Alarming GDP data shows shrinking economy, could be precursor to recession
The latest gross domestic product data shows the U.S. economy is in reverse, slowing in the first quarter of 2025. CBS MoneyWatch correspondent Kelly O'Grady has more on the potential factors involved and how the next quarter's data could indicate symptoms of a recession.